This whale signal can help traders find the next big trading opportunities.
Whales are big money entities and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances where the market valuation of an option deviates from its normal value. Unusual amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Below are some examples of options activity occurring in the information technology sector:
| Symbol | PUT/CALL | Trade type | moods | Exp. Date | Strike Price | Total trade price | Open interest | Sound volume |
|---|---|---|---|---|---|---|---|---|
| AI | CALL | TRADE | WHIP | 21.04.23 | $30.00 | $65.0K | 10.1K | 12.3K |
| AAPL | CALL | SWEEP | WHIP | 31.03.23 | $157.50 | $37.6K | 7.3K | 6.2K |
| REBELLION | CALL | SWEEP | BEARS | 21.04.23 | $10.00 | 31.8 thousand dollars | 21.9K | 3.2K |
| MSFT | CALL | TRADE | WHIP | 19.05.23 | $280.00 | 62.7 thousand dollars | 6.2K | 1.4K |
| NVDA | I PUT | SWEEP | WHIP | 21.04.23 | $265.00 | 27.1 thousand dollars | 1.6K | 1.3K |
| AMD | I PUT | SWEEP | NEUTRAL | 16.06.23 | $100.00 | $104.0K | 4.0K | 898 |
| IN | I PUT | TRADE | BEARS | 07/21/23 | $62.50 | 35.5 thousand dollars | 972 | 634 |
| CRUD | I PUT | TRADE | WHIP | 19.01.24 | $135.00 | $452.0K | 545 | 600 |
| HUGE | CALL | TRADE | BEARS | 15.09.23 | $140.00 | 33.2 thousand dollars | 418 | 327 |
| ZM | I PUT | TRADE | BEARS | 19.05.23 | $70.00 | 181.5 thousand dollars | 2.4K | 315 |
Explanation
These bullet-by-bullet explanations are compiled using the accompanying table.
• About AI AIwe observe a call option trade with bulls moods. Expires after 28 days on April 21, 2023. The sides trade 500 contract(s) at a $30.00 strike. The total costs received by the writing party (or parties) were $65.0Kwith a price of $130.0 of contract. There was 10174 open contracts in this strike before today and today 12323 contract(s) were bought and sold.
• About AAPL AAPLwe observe a call option swept away with bulls moods. Expires in 7 days on March 31, 2023. The sides trade 105 contract(s) at a $157.50 strike. This particular call had to be split into 3 different trades to execute. The total costs received by the writing party (or parties) were $37.6Kwith a price of 360.0 dollars of contract. There was 7350 open contracts in this strike before today and today 6280 contract(s) were bought and sold.
• For REBELLION REBELLIONwe notice a call option swept away it happens to be bearsexpiring after 28 days of April 21, 2023. This event was a transfer of 505 contract(s) at a $10.00 strike. This particular call had to be split into 14 different trades to execute. The total costs received by the writing party (or parties) were 31.8 thousand dollarswith a price of 63.0 dollars of contract. There was 21944 open contracts in this strike before today and today 3250 contract(s) were bought and sold.
• For MSFT MSFTwe notice a call option trade it happens to be bullsexpiring after 56 days of May 19, 2023. This event was a transfer of 46 contract(s) at a $280.00 strike. The total costs received by the writing party (or parties) were 62.7 thousand dollarswith a price of 1365.0 dollars of contract. There was 6223 open contracts in this strike before today and today 1464 contract(s) were bought and sold.
• For NVDA NVDAwe notice a I put option swept away it happens to be bullsexpiring after 28 days of April 21, 2023. This event was a transfer of 20 contract(s) at a $265.00 strike. This particular put had to be split into 3 different trades to be executed. The total costs received by the writing party (or parties) were 27.1 thousand dollarswith a price of 1355.0 dollars of contract. There was 1683 open contracts in this strike before today and today 1390 contract(s) were bought and sold.
• About AMD AMDwe observe a I put option swept away with neutral moods. Expires after 84 days on June 16, 2023. The sides trade 100 contract(s) at a $100.00 strike. This particular put had to be split into 3 different trades to be executed. The total costs received by the writing party (or parties) were $104.0Kwith a price of 1040.0 dollars of contract. There was 4097 open contracts in this strike before today and today 898 contract(s) were bought and sold.
• About IN INwe observe a I put option trade with bears moods. Expires after 119 days on July 21, 2023. The sides trade 55 contract(s) at a $62.50 strike. The total costs received by the writing party (or parties) were 35.5 thousand dollarswith a price of $646.0 of contract. There was 972 open contracts in this strike before today and today 634 contract(s) were bought and sold.
• About CRUD CRUDwe observe a I put option trade with bulls moods. Expires after 301 days on January 19, 2024. The sides trade 200 contract(s) at a $135.00 strike. The total costs received by the writing party (or parties) were $452.0Kwith a price of $2,260.0 of contract. There was 545 open contracts in this strike before today and today 600 contract(s) were bought and sold.
• About HUGE HUGEwe observe a call option trade with bears moods. Expires after 175 days on September 15, 2023. The sides trade 50 contract(s) at a $140.00 strike. The total costs received by the writing party (or parties) were 33.2 thousand dollarswith a price of $665.0 of contract. There was 418 open contracts in this strike before today and today 327 contract(s) were bought and sold.
• For ZM ZMwe notice a I put option trade it happens to be bearsexpiring after 56 days of May 19, 2023. This event was a transfer of 300 contract(s) at a $70.00 strike. The total costs received by the writing party (or parties) were 181.5 thousand dollarswith a price of 605.0 dollars of contract. There was 2400 open contracts in this strike before today and today 315 contract(s) were bought and sold.
Option Warning Terminology
– Call contracts: Right to buy shares as specified in the contract.
– Place contracts: Right to sell shares as specified in the contract.
– Expiry date: When the contract expires. One must act on the contract by that date if one wishes to use it.
– Premium/Option Price: The price of the contract.
For more information visit our A guide to understanding option warnings or read more about the activity with unusual options.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.